We factor in the harvest volume of 6,022 tonnes provided in the trading update, but more importantly, we increase our revenue/kg estimate to NOK 67/kg as our proprietary harvest tracker implies a VWAP of NOK 67.5/kg in Q3. Consequently, we expect a Q3 EBIT of NOK -1m (Cons.: NOK -9m) as we leave our cost/kg unchanged. The higher EBIT estimate for Q3 further lifts our 2025 EBIT estimate from NOK 67m to NOK 120m (Cons.: NOK 126m). Måsøval remains a laggard in the salmon space, something we find un ....
